GLW Form 4: Director Sells 6,938 Shares; 488 RSUs Reported at $82.03
Rhea-AI Filing Summary
Roger W. Ferguson Jr., a director of Corning Incorporated (GLW), reported changes in his holdings on a Form 4 covering transactions dated 09/30/2025. The filing shows a disposition of 6,938 shares of common stock and a grant/exercise movement of 488 restricted stock units (RSUs) with an indicated price of $82.03. After the reported transactions, the director beneficially owns 15,801 shares attributable to RSUs that are direct holdings.
The filing also lists previously held RSUs: 923 and 25,838 units described as director retainer awards and deferred compensation plan awards. The RSUs convert to common stock when distributed per the participant's election or upon termination of director service. The Form 4 was signed by power of attorney Melissa J. Gambol on 10/02/2025.
Positive
- 25,838 RSUs remain recorded as deferred annual director retainer units
- 923 RSUs remain recorded as deferred holdings (director retainer)
Negative
- 6,938 common shares disposed as reported on 09/30/2025
Insights
Director reported a share disposition and RSU activity at GLW on 09/30/2025.
The filing documents a disposition of 6,938 common shares and an RSU transaction of 488 units recorded with a price of $82.03. The report also confirms existing deferred holdings of 923 and 25,838 RSUs tied to annual retainer and the Non-Employee Directors' Deferred Compensation Plan.
This is a routine Section 16 filing notifying the market of beneficial ownership changes by a director and clarifies that RSU conversions and distributions are deferred until participant-elected dates or termination of service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 488 | $82.03 | $40K |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock. Conversion of restricted stock units to the Company's common stock and distribution of such stock is deferred until a specific date as elected by the participant or termination of service as a Corning director. Represents annual equity retainer in the form of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Corning Incorporated common stock. Represents restricted stock units (RSUs) granted under the Non-Employee Directors' Deferred Compensation Plan. Each RSU represents a contingent right to receive one share of Corning Incorporated common stock. Conversion of restricted stock units to the Company's common stock and distribution of such stock under the Non-Employee Directors' Deferred Compensation Plan is deferred until a specific date as elected by the participant or termination of service as a Corning director.
